Maxim Power (TSE:MXG) Shares Cross Below 50 Day Moving Average of $4.13

Maxim Power Corp. (TSE:MXG – Get Rating) shares crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$4.13 and traded as low as C$3.55. Maxim Power shares last traded at C$3.60, with a volume of 18,880 shares changing hands.

Maxim Power Stock Down 2.2 %

The company has a market capitalization of C$237.13 million, a P/E ratio of 5.14, a PEG ratio of -4.32 and a beta of 0.70. The company has a current ratio of 4.34, a quick ratio of 4.35 and a debt-to-equity ratio of 30.83. The stock has a 50 day moving average price of C$4.13 and a 200 day moving average price of C$3.86.

About Maxim Power

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Maxim Power Corp., an independent power producer, engages in the development, ownership, and operation of power generation facilities in Canada. Its core asset is Milner 2 power plant, a 204 megawatt natural gas-fired turbine generator located in Grande Cache, Alberta. Maxim Power Corp. is headquartered in Calgary, Canada.